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Harshas2021
Jun 27, 2021 2:29 PM

Continuation and Reversal Patterns 

BANKNIFTY INDEX FUTURESNSE

Description

  • This script helps in identifying the reversal and continuation patterns in the japanese candle sticks this can be applied across all time frames
  • we can configure the maximum number of weak candles in the zone such that we can configure the strength as per end user but maximum base candles is restricted to 5
    as any candles greater than that will make the pattern weak

Note : This is not a strategy rather a useful tool which suggests there might be continuation to the existing trend or there might be reversal , so use them with combination of other indicators and price action for better results
Comments
dheeraj1974
Hi, in your experience does this work good on positional or intraday. What time frame do you usually use ?
Arief97
can you add alert to this bro ??
ukmpits
@hsai2696 @Harshas2021 Is there any future Improvement Sir? Would you like to explain the detail how to use this indicator?Thanks mate
TimonD
this indicator's good for my strageties. Thanks you
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